Converting $s causes claims

2 September, 2010

We have recently had several notifications where the conversion of Australian dollars into foreign currency before sending it overseas has led to complaints by the recipient. Lawyers are often called to send money overseas in the context of distributing deceased estates or paying the proceeds of sale of a property or a business to a […]

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New Commonwealth Commercial Building Disclosure

2 September, 2010

The Building Energy Efficiency Disclosure Act 2010 (Cth) commenced on 1 July 2010 and brings with it a new regime for disclosing energy efficiency ratings for certain commercial buildings before selling or leasing floor space over 2,000 square metres. The Act makes it an offence, with a civil penalty of 1000 penalty units, to sell or lease office […]

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Retirement village trap for property lawyers

2 September, 2010

In a recent claim a firm of solicitors was retained to act in relation to the sale of a retirement village unit. A copy of the retirement village service contract was provided when instructions were given. The firm was busy acting in relation to the sale of the unit and did not pay careful attention […]

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Off the plan sale changes

2 September, 2010

The Consumer Affairs Legislation Amendment (Reform) Bill 2010 (Vic) was passed with amendments on 16 September 2010 and is awaiting assent. It amends section 9AA in the Sale of Land Act 1962 (Vic) and is expected to come into operation on 1 September 2011 unless proclaimed earlier. The proposed change of deposit amount from 10% to 20% was not […]

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In Check will finally be going electronic

2 June, 2010

The next issue of In Check will be sent to every insured firm by email. If your firm does not have an email address we would like to hear from you so we can make alternative arrangements. The change to fully electronic delivery will allow us to send information more quickly and at a greatly […]

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